Thunderful Group (Sweden) Price on October 23, 2023
THUNDR Stock | SEK 0.85 0.04 4.49% |
If you're considering investing in Thunderful Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thunderful Group stands at 0.85, as last reported on the 27th of November, with the highest price reaching 0.90 and the lowest price hitting 0.85 during the day. Thunderful Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Thunderful Group AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thunderful Group's Coefficient Of Variation of (846.39), risk adjusted performance of (0.08), and Variance of 26.36 to confirm the risk estimate we provide.
Thunderful Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thunderful |
Sharpe Ratio = -0.1181
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Estimated Market Risk
5.13 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thunderful Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thunderful Group by adding Thunderful Group to a well-diversified portfolio.
Thunderful Group Valuation on October 23, 2023
It is possible to determine the worth of Thunderful Group on a given historical date. On October 23, 2023 Thunderful was worth 6.01 at the beginning of the trading date compared to the closed value of 6.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thunderful Group stock. Still, in general, we apply an absolute valuation method to find Thunderful Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thunderful Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thunderful Group's related companies.
Open | High | Low | Close | Volume | |
5.95 | 6.15 | 5.88 | 6.01 | 157,538 | |
10/23/2023 | 6.01 | 6.13 | 5.81 | 6.09 | 401,406 |
6.09 | 6.10 | 5.94 | 6.07 | 43,859 |
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Thunderful Group Trading Date Momentum on October 23, 2023
On October 24 2023 Thunderful Group AB was traded for 6.07 at the closing time. The highest price during the trading period was 6.10 and the lowest recorded bid was listed for 5.94 . The volume for the day was 43.9 K. This history from October 24, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.33% . The trading price change to the current price is 7.55% . |
Thunderful Group Fundamentals Correlations and Trends
By evaluating Thunderful Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thunderful Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thunderful financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thunderful Group Stock history
Thunderful Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thunderful is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thunderful Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thunderful Group stock prices may prove useful in developing a viable investing in Thunderful Group
Thunderful Group AB develops and publishes personal computer, console, and mobile games in Sweden and internationally. The company was founded in 1965 and is headquartered in Gothenburg, Sweden. Thunderful Group is traded on Stockholm Stock Exchange in Sweden.
Thunderful Group Stock Technical Analysis
Thunderful Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Thunderful Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Thunderful Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thunderful Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Thunderful Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thunderful Group shares will generate the highest return on investment. By undertsting and applying Thunderful Group stock market strength indicators, traders can identify Thunderful Group AB entry and exit signals to maximize returns
Thunderful Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thunderful Group's price direction in advance. Along with the technical and fundamental analysis of Thunderful Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thunderful to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.55) | |||
Total Risk Alpha | (1.43) | |||
Treynor Ratio | 1.12 |
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Volume Indicators |
Complementary Tools for Thunderful Stock analysis
When running Thunderful Group's price analysis, check to measure Thunderful Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thunderful Group is operating at the current time. Most of Thunderful Group's value examination focuses on studying past and present price action to predict the probability of Thunderful Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunderful Group's price. Additionally, you may evaluate how the addition of Thunderful Group to your portfolios can decrease your overall portfolio volatility.
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